"Our ongoing drive for innovation is paying off, and our most recent advances hold additional promise of increased economic performance that will help us profitably grow energy exports, keep Albertans working and attract sufficient capital investment over the life of our liquids-rich natural gas project near Grande Prairie," said Pat Carlson, 7G's CEO.

7G liquids-rich natural gas sales about to step up on Alliance Pipeline"On December 1, we take the first tranche of new firm transportation capacity on Alliance Pipeline to the Chicago area market – 250 million cubic feet per day of liquids-rich natural gas. Our most recent Kakwa River Project Nest 2 wells are now delivering greater volumes of high-value condensate and liquids-rich natural gas, at lower cost, which will help us fill our new pipeline transportation capacity – a big first step in our plans to continue building shareholder value through production growth and increased energy exports to the U.S. Midwest," Carlson said.

"November marks the start of winter heating season and this month North American consumers are enjoying the most affordable wholesale home heating prices since the late 1990s. That's due to remarkable engineering, geology and operational advances that have added vast new supplies of cleaner burning natural gas to North America. 7G positions itself to be among the continental leaders in energy development innovation and our most recent improvements in well optimization are helping Albertans deliver affordable supplies of natural gas to consumers," Carlson said.

Seven Generations to be included in the MSCI World IndexOn Thursday November 12, 2015, MSCI Inc. announced that Seven Generations Energy has been added to the MSCI World Index. This inclusion will be effective at the close of markets on Monday, November 30, 2015. The MSCI World Index represents large and mid-cap equity performance across 23 developed countries, covering approximately 85 percent of the free float-adjusted market capitalization in each. This index offers a broad global equity benchmark.

CEO Letter to Shareholders on 7G websiteSeven Generations today published a CEO Letter to Shareholders that provides the Company's latest economic assessments, a thorough discussion of operational and productivity improvements over the past year, explanations of innovations that are being tested and under consideration, plus a series of answers to the most frequent questions from shareholders.

Updated type curves highlight improved well productivityThe CEO Letter also contains management's new best estimate type curve, which illustrates well productivity improvements in the year since Seven Generations began trading publicly. At recently observed commodity prices, the Company estimates that it has been able to reduce the cost required to supply natural gas to the continental North American market by approximately US$1.00 per MMBtu. This allows for sustained investment in the Kakwa River Project despite the continuing low commodity prices that have created a difficult economic environment. These updated type curves were used to set 7G's 2016 capital investment plan of $1.10 billion to $1.15 billion, which represents a 15 percent reduction from the 2015 capital investment plan. According to Alberta Finance economic multipliers, 7G's 2016 capital investment level is expected to generate more than 4,000 jobs and result in more than $400 million of labour income. 7G's production in 2016 is forecast to be between 100,000 and 110,000 barrels of oil equivalent per day – an 80 percent increase in production from the company's forecast 2015 production.

Seven Generations EnergySeven Generations is a low-cost, high-growth Canadian natural gas developer generating long-life value from its liquids-rich Kakwa River Project, located about 100 kilometres south of its operations headquarters in Grande Prairie, Alberta. 7G's corporate headquarters are in Calgary and its shares trade on the TSX under the symbol VII.

Reader Advisory

This news release contains certain forward-looking information and statements that involves various risks, uncertainties and other factors. The use of any of the words "anticipate", "continue", "estimate", "expect", "may", "will", "should", "believe", "plans", and similar expressions are intended to identify forward-looking information or statements. In particular, but without limiting the foregoing, this news release contains forward-looking information and statements pertaining to the following: anticipated production and production growth; economic performance and shareholder value growth; estimated supply-costs; profitable export growth; sustained investment in the Kakwa River Project despite continuing low commodity prices; ability to attract capital investment; ability to fulfil transportation commitments; forecasted job creation and labour income; and the ability of Seven Generations to generate long-life value.

With respect to forward-looking information contained in this news release, assumptions have been made regarding, among other things: future oil, natural gas liquids and natural gas prices; the Company's ability to obtain qualified staff and equipment in a timely and cost efficient manner; the Company's ability to market production of oil, natural gas and natural gas liquids successfully to customers; the Company's future production levels; the applicability of technologies for the Company's reserves; future capital investments by the Company; future funds from operations from production; future sources of funding for the Company's capital program; the Company's future debt levels; geological and engineering estimates in respect of the Company's reserves and resources, the geography of the areas in which the Company is conducting exploration and development activities, and the access, economic and physical limitations to which the Company may be subject from time to time; the impact of competition on the Company; and the Company's ability to obtain financing on acceptable terms.

Actual results could differ materially from those anticipated in the forward-looking information as a result of the risks and risk factors that are set forth in the Company's Annual Information Form, dated March 10, 2015, which is available on SEDAR at www.sedar.com, including, but not limited to: volatility in market prices and demand for oil, natural gas liquids and natural gas and hedging activities related thereto; general economic, business and industry conditions; variance of the Company's actual capital costs, operating costs and economic returns from those anticipated; risks related to the exploration, development and production of oil and natural gas reserves and resources; negative public perception of oil sands development, oil and natural gas development and transportation, hydraulic fracturing and fossil fuels; actions by governmental authorities, including changes in government regulation, royalties and taxation; the management of the Company's growth; the availability, cost or shortage of rigs, equipment, raw materials, supplies or qualified personnel; the absence or loss of key employees; uncertainty associated with estimates of oil, natural gas liquids and natural gas reserves and resources and the variance of such estimates from actual future production; dependence upon compressors, gathering lines, pipelines and other facilities, certain of which the Company does not control; the ability to satisfy obligations under the Company's firm commitment transportation arrangements; uncertainties related to the Company's identified drilling locations; the concentration of the Company's assets in the Kakwa area; unforeseen title defects; Aboriginal claims; failure to accurately estimate abandonment and reclamation costs; changes in the interpretation and enforcement of applicable laws and regulations; terrorist attacks or armed conflicts; natural disasters; reassessment by taxing authorities of the Company's prior transactions and filings; variations in foreign exchange rates and interest rates; third-party credit risk including risk associated with counterparties in risk management activities related to commodity prices and foreign exchange rates; sufficiency of insurance policies; potential for litigation; variation in future calculations of certain financial measures; sufficiency of internal controls; impact of expansion into new activities on risk exposure; risks related to the senior unsecured notes and other indebtedness, including: potential inability to comply with the covenants in the credit agreement related to the Company's credit facilities and/or the covenants in the indentures in respect of the Company's senior secured notes; seasonality of the Company's activities and the Canadian oil and gas industry; and extensive competition in the Company's industry.

The forward-looking information and statements contained in this news release speak only as of the date hereof, and the Company does not assume any obligation to publicly update or revise them to reflect new events or circumstances, except as may be required pursuant to applicable laws.

Nest 2 means the higher return prospects that are located within the primary development block of the Kakwa River Project.

Abbreviations

bbl barrelboe barrels of oil equivalent(1)Mcf thousand cubic feet of gasMMBtu million British thermal unitsUS$ United States Dollars

(1) 7G has adopted the standard of 6 Mcf:1 bbl when converting natural gas to oil equivalent. Condensate and other NGLs are converted to oil equivalent at a ratio of 1 bbl:1 bbl. Boes may be misleading, particularly if used in isolation. A boe conversion ratio of 6 Mcf:1 bbl is based roughly on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at 7G's sales point. Given the value ratio based on the current price of oil as compared to natural gas is significantly different from the energy equivalency of 6 Mcf: 1 bbl, utilizing a conversion ratio at 6 Mcf: 1 bbl may be misleading as an indication of value.